A big thing to consider in all entrepreneurial adventures is the financial aspect of these undergoings. Most times you front your on own money and if the project goes belly under then that effects your family personally. This chapter gave alot of information about how to budget your entrepreneur projects. And I agreed with the author that it is important to budget and budget well. I also agreed with the author that it is one of the biggest reasons for failure as an entrepreneur.
I found the concept of the NPV and IRR methods a bit confusing and would have appreciated it if the author would add some information about it to clarify it. From a mathematical point of view I found the ratios to be interpreted. If I had to ask the author two questions, I would ask him his personal experience with budgeting and if he had any advice for college students budgeting in general for this first time.
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